The Australian dollar initially saw a modest recovery during the trading week, but then saw a significant decline, reflecting continued volatility in the market. Currently, the currency is hovering around the 200-week EMA, which is a key technical...
GBP/CHF Market Analysis Wednesday, August 07, 2024 Overview The recent interest rate cut of 25 basis points by the Bank of England (BoE) has negatively impacted the outlook for the British Pound (GBP), leading to a decline in its value. In analyzing...
Forex and Cryptocurrency Forecast for October 07 – 11, 2024 EUR/USDollar Breaks Through ● For seven weeks, the EUR/USD pair remained in a sideways trend, lacking strong drivers, confined within the 1.1000-1.1200 range, and on Friday, 4th October,...
EUR/USD The market movement last night was quite active, fellow traders. By the way, how was last night's trading? It didn't go well if I had planned to trade the EUR/USD pair yesterday. I expected this pair to go even higher, but it went down....
EUR/ JPY Outlook AnalysisOn the EUR/ JPY D1 time frame map, the request continues to favor merchandisers as bearish instigation dominates the overall trend. presently, the brace is under pressure, and merchandisers are likely to maintain control...